SOLD
Sold on 14 May 2024 for $500,000

311/86 Macaulay Road
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
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VICPROP Melbourne
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Property Details for 311/86 Macaulay Rd, North Melbourne

311/86 Macaulay Rd, North Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in North Melbourne in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
53m2
Local Government
Melbourne
Lot/Plan
311/PS616056

Last Listing description (June 2024)

Smartly presented with an immaculately maintained sense of sunlit space, this stylish 2 bedroom apartment stands out from the crowd in a lively city-edge neighbourhood. This rare opening in the boutique Pumphouse complex is a perfect fit for first home buyers, downsizers, investors and those on the lookout for a lock-and-leave town base.

Facing the lush surrounds of North Melbourne Recreation Reserve, discover the air-conditioned comfort of spacious open-plan living and dining framed by a clerestory window neatly framing stunning city skyscrapers. A nearby kitchen showcases Caesarstone surfaces, a glossy splashback and stainless-steel appliances including a full-sized dishwasher. Elevated to perfection on the third floor, slide open full-height glass and instantly relax on a large sheltered balcony overlooking lush parkland with the soaring city skyline rising over the treetops.

Both generously sized and robed bedrooms are superbly serviced by a stylish bathroom showcasing a fully tiled shower area and a stone-topped vanity, while the light-filled front bedroom shares the same sensational aspect as the balcony. Additional features include secure car parking, a storage cage, Euro laundry, split-system heating and cooling, additional panel heating, roller blinds and recessed down-lighting. An inspection will impress!

Property History for 311/86 Macaulay Rd, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$500,000
14 May 2024
  • 14 May 2024
    Sold for $500,000
  • 19 Apr 2024
    Listed for Sale Not Disclosed
  • 05 Feb 2008
    Sold for $409,950

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About North Melbourne 3051

The size of North Melbourne is approximately 2.4 square kilometres. It has 12 parks covering nearly 4.7% of total area. The population of North Melbourne in 2011 was 11,755 people. By 2016 the population was 14,948 showing a population growth of 27.2% in the area during that time. The predominant age group in North Melbourne is 20-29 years. Households in North Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Melbourne work in a professional occupation. In 2011, 31.4% of the homes in North Melbourne were owner-occupied compared with 28.5% in 2016.

North Melbourne has 12,048 properties. Over the last 5 years, Houses in North Melbourne have seen a 17.44% increase in median value, while Units have seen a 11.53% increase. As at 31 July 2024:

  • The median value for Houses in North Melbourne is $1,252,042 while the median value for Units is $493,068.
  • Houses have a median rent of $720 while Units have a median rent of $550.
There are currently 55 properties listed for sale, and 47 properties listed for rent in North melbourne on OnTheHouse. According to CoreLogic's data, 403 properties were sold in the past 12 months in North melbourne.

Suburb Insights for North Melbourne 3051

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.